Real estate boom: $661 million in Silicon Valley property deals in one day

Real estate boom: $661 million in Silicon Valley property deals in one day

4 years ago
Anonymous $RGO3jP_V_c

https://www.siliconvalley.com/2020/10/30/real-estate-boom-661-million-silicon-valley-property-deals-tech/

SAN JOSE — Displaying a remarkable burst of hunger for Silicon Valley properties, an array of investors have grabbed multiple properties in three different South Bay cities on the same day, spending more than $660 million for the sites.

Investors paid a combined total of $661.5 million this week for buildings in Cupertino, north San Jose, south San Jose, and Sunnyvale, according to documents filed with Santa Clara County officials on Oct. 29.